West Virginia state agencies will have a new workers’ compensation insurer beginning next month.
Zurich Insurance Co. submitted the winning bid of $19 million for the one-year contract. Zurich will replace BrickStreet Mutual Insurance Co.
Acting Insurance Commissioner Michael Riley said that Zurich offered a better deal than BrickStreet.
BrickStreet had provided the coverage since 2005. BrickStreet spun off as a private company the following year, and competing insurers entered the market in 2010.
Zurich will take over on Oct. 1.
Topics Workers' Compensation Virginia
Was this article valuable?
Here are more articles you may enjoy.
Iran-Linked Hackers Restore Website After US Seizes Domains 
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance 
Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater 
After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees From This Issue
